> European investors specifically are much more interested in traditional business plans than US venture capitalists. “Data is the new oil” does not translate well into German, French or Spanish.
> In addition, with the GDPR, NIS (2) Directive & other regulations, data in Europe is definitely more “the new toxic waste”. It is in any case not a business plan.
> So not only do we lack the imagination to launch free platforms, the path to one day making money with them is blocked by regulation.
So protecting your citizens' rights and their privacy is "lack of imagination"? This is such a horrible argument. As if the only way to provide a service were to spy on your users.